Greens Food Crafts India Ltd - IPO

Greens Food Crafts India Ltd IPO Details

Initial Public Issue of 35,12,400 equity shares of face value of Rs.10 each (equity shares) of Greens Food Crafts India Limited (the company or the issuer) for cash at a price of Rs. 117 per equity share, including a share premium of Rs.107 per equity share (the issue price), aggregating to Rs. 41.10 Crores (the issue), of which 1,76,400 equity shares of face value of Rs.10 each for cash at a price of Rs. 117 per equity share, aggregating to Rs.2.06 Crores will be reserved for subscriptions by the market maker to the issue (the market maker reservation portion). the issue less market maker reservation portion i.e. issue 33,36,000 equity shares of face value of Rs.10 each for cash at a price of Rs. 117 per equity share, aggregating to Rs.39.03 Crores is here in after referred to as the net issue. the issue and the net issue will constitute 26.32% and 25.00% respectively of the post issue paidup equity share capital of the company.The face value of the equity share is Rs.10 each and the issue price is Rs.117 i.e. 11.7 times of the face value of the equity shares. The minimum lot size is 1200 equity shares.

Objective of issue

Financing - Upgrade & Setting of New Collection Centers. Financing - Setting up of a New Distribution Centers. Financing - Setting up of a New Processing Center. Financing - Expansion and Opening of Simply Fresh Retail Stores. Financing - Technology & Logistics Automation. General Corporate Purposes.

Greens Food Crafts India Ltd Contact Details

Greens Food Crafts India Ltd, #30 Ramana Residency, 4th Cross Sampige Rd, Malleswaram, Bangalore - 560003

Phone - 91-80-23460815-818

Fax - 91-80-23460819

Email - info@greensfoodcrafts.com

Website - www.greensfoodcrafts.com